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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6155. (Read 9724097 times)

sr. member
Activity: 291
Merit: 250
There is a poll about DRK price that is sometimes quoted here, showing that ~1/3 of users polled think drk will reach valuation of $1bl by the end of 2014.

Fast forward to January 2015 - I'm sitting happily and thinking "next month it's the Super Bowl... if we only prepared a commercial during the year, and secured aside some drk for it when they were cheap, we could have broadcasted our ad and seen as the 'Macintosh of the 21century' that came to save everyone from Big Brother...

Back to the present - we opened up the Darkcoin logo creative and it brought us far. I think it's time we open-up and start rolling a commercial video via crowd-creative. I found these 2 services but there are probably more.

http://tongal.com/home
http://www.mofilm.com/
legendary
Activity: 966
Merit: 1000
Ok, I tried my hand at a flow chart again.  I'm not sure this is accurate, but I think it works this way ??  Cheesy



My first though on seeing this was, UGH, this is far too complex! But actually it breaks down to less than 10 lines of code. (Or about 27 unintelligible characters of perl  Cheesy)
legendary
Activity: 1764
Merit: 1000
Admin of CoinMiners Pools


Manual Share Difficulty

Reccomended Share Difficulty
1 +0.00000116

5 +0.00000582

10 +0.00001164

50 +0.00005821

100 +0.00011641

250 +0.00029103

500 +0.00058207

750 +0.00087310

1000 +0.00116414

Add this number to the end of your username (wallet address)

Example: WalletAddress+0.00116414​

What does 1, 5, 1000 mean here?

hashing speed 

If you have a rig with 15 MH  you will calculate the Manual Share Difficulty like this just on p2pool nodes : 15000 khash * 0.00000116 = 0.0174
The settings will be like this

./sgminer -k darkcoin -o stratum+tcp://scorp.hopto.org:7903 -u WALLET+0.0174 -p x
legendary
Activity: 1456
Merit: 1000
Dark Wallet article in Wired Magazine:

‘Dark Wallet’ Is About to Make Bitcoin Money Laundering Easier Than Ever

http://www.wired.com/2014/04/dark-wallet/?mbid=social_fb



still effectively in beta and they get a wired article......!

Quote
Dark Wallet’s developers admit it’s still at an early stage, and that, like any cryptography project, it will only prove itself and patch its bugs over time. Taaki says, for instance, that the software will eventually combine more than two users’ payments in every CoinJoin transaction, and also integrate the anonymity software Tor to better protect users’ IP addresses. In its current form, Taaki says Dark Wallet protects IPs only by obscuring them behind the server that negotiates CoinJoin transactions, which may still leave users vulnerable to identification by sophisticated traffic analysis. “It’s not foolproof, but it’s a strong tool,” says Taaki. “And it’s going to get better.”
full member
Activity: 187
Merit: 100
http://chainz.cryptoid.info/drk/#!rich

They start to show wich address belongs to who Smiley I expect other exchanges to be revealed soon... Nice  Grin
legendary
Activity: 1092
Merit: 1000


We are pleased to announce something that doesn't exist yet, will cost a fortune if it ever does, and can be instantly obsoleted by a five minute change to your favourite coins codebase! Please send us your $$$$$ !!!

Yes, please take my money immediately!  Cheesy



And "...we and POINTING for Q3 2014..."   So really... Q2 2015?
legendary
Activity: 1092
Merit: 1000
"ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT..."

we are screwed, gg mining

Unlike other coins, Darkcoin enjoys 2 economies, one being Mining which is ASIC susceptible in the future, and the second being Mixing via Supernodes (ASIC resilient)...

If ASICs do arrive to X11, these will be "latecomers". Early adopters miners can move to focus on Mixing.
Furthermore, we can then change the 90:10 reward ratio between the Mining:Mixing to 50:50 for example. That way, only 50% of the darcoin economy as a whole is influenced by ASIC...


that's interesting. Finding a place for ASICs to secure the network plus a decentralised array of nodes to keep miners engaged.

to be successful while migrating to effectively PoS, there needs to be a way for small miners to get together to afford 1000DRK; and for non-techie miners to participate in setting up and maintaining nodes - nodes as a service.

The reason ASICs piss people off is that coins begin their life by asking large numbers of small miners to help them, and ASICs takes over their hard work and leaves them behind. This would be a nice middle ground.

+1 ... Like I said on litecontalk, LTC now seems like the ultimate pump&dump coin. First they pump up the network, then they dump all the miners. Charles Lee never intended for LTC to get this huge, he's said so on numerous occasions. He openly said he sold his wealth of LTC @ 0.2 because he thought it was overvalued  Huh And works full time for Coinbase and consults for BTCChina, so he works for BTC !!

One thing I do not agree though. Masternodes are not for miners, they're for investors with/& system admins. Pretty soon, no miner will b able to afford a Masternode. Only guys with LOTS of cash who are investors and understand PoS.
legendary
Activity: 966
Merit: 1000


We are pleased to announce something that doesn't exist yet, will cost a fortune if it ever does, and can be instantly obsoleted by a five minute change to your favourite coins codebase! Please send us your $$$$$ !!!

Yes, please take my money immediately!  Cheesy

legendary
Activity: 1456
Merit: 1000
"ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT..."

we are screwed, gg mining

Unlike other coins, Darkcoin enjoys 2 economies, one being Mining which is ASIC susceptible in the future, and the second being Mixing via Supernodes (ASIC resilient)...

If ASICs do arrive to X11, these will be "latecomers". Early adopters miners can move to focus on Mixing.
Furthermore, we can then change the 90:10 reward ratio between the Mining:Mixing to 50:50 for example. That way, only 50% of the darcoin economy as a whole is influenced by ASIC...


that's interesting. Finding a place for ASICs to secure the network plus a decentralised array of nodes to keep miners engaged.

to be successful while migrating to effectively PoS, there needs to be a way for small miners to get together to afford 1000DRK; and for non-techie miners to participate in setting up and maintaining nodes - nodes as a service.

The reason ASICs piss people off is that coins begin their life by asking large numbers of small miners to help them, and ASICs takes over their hard work and leaves them behind. This would be a nice middle ground.
sr. member
Activity: 363
Merit: 250
[...]
When 2 groups of people were offered the choices - an html page for entering their credit-card details (with a secure https lock etc.), or a Flash interface, the numbers were overwhelmingly favorable to html.  

Fast forward to 2014 - Dark Wallet:
From the little I understand, DarkWallet is a plugin for browsers...
I believe people do not trust plug-ins with their money, in the same manner as they did not trust flash.

To strengthen my argument above, I can stress that I've seen more than a few start-ups in the past decade that deal in NFC (Near Field Communications), and other types of mobile payments and eCash. Al have failed... and it wasn't because of the technology.

your observation is very interesting.
and i can follow every step,
except NFC - in this case it IS the technology, its just not safe enough.

which brings us to a browser plugin -> bad idea.

// edit: confused Darksend with Darkwallet. sry!
hero member
Activity: 896
Merit: 1000


Manual Share Difficulty

Reccomended Share Difficulty
1 +0.00000116

5 +0.00000582

10 +0.00001164

50 +0.00005821

100 +0.00011641

250 +0.00029103

500 +0.00058207

750 +0.00087310

1000 +0.00116414

Add this number to the end of your username (wallet address)

Example: WalletAddress+0.00116414​

What does 1, 5, 1000 mean here?
legendary
Activity: 1764
Merit: 1000
Admin of CoinMiners Pools
DarkCoin P2Pool


address: stratum+tcp://scorp.hopto.org:7903
Username: Your DarkCoin address
Passoword:  Does not matter, anything!

Status p2pool:
http://scorp.hopto.org:7903/static/

Node fee: 0.5%

Spread the hashes!!

Recommended Settings:

./sgminer -k darkcoin -o stratum+tcp://scorp.hopto.org:7903 -u WALLET -p x

Manual Share Difficulty

Reccomended Share Difficulty

Hash Rate (KHash/s) Difficulty
1 +0.00000116

5 +0.00000582

10 +0.00001164

50 +0.00005821

100 +0.00011641

250 +0.00029103

500 +0.00058207

750 +0.00087310

1000 +0.00116414

Add this number to the end of your username (wallet address)

Example: WalletAddress+0.00116414​
sr. member
Activity: 291
Merit: 250
"ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT..."

we are screwed, gg mining

Unlike other coins, Darkcoin enjoys 2 economies, one being Mining which is ASIC susceptible in the future, and the second being Mixing via Supernodes (ASIC resilient)...

If ASICs do arrive to X11, these will be "latecomers". Early adopters miners can move to focus on Mixing.
Furthermore, we can then change the 90:10 reward ratio between the Mining:Mixing to 50:50 for example. That way, only 50% of the darcoin economy as a whole is influenced by ASIC...
legendary
Activity: 3248
Merit: 1072
"ALSO: WE HAVE SECRETLY BEEN WORKING TO IMPLEMENT SUPPORT FOR SCRYPT-N SUPPORT UP TO N=16384!!!  We have been successful and now our ASIC is capable of mining any Scrypt-N coins such as Vertcoin"

we are screwed, gg mining
hero member
Activity: 560
Merit: 500
The development of a Scrypt-N miner means that algo is doomed. X11 will be the main answer to ASICs (for the time being).

what development you are talking about? scrypt-n is even more asic deterrent compared to x11, at best x11 is doomed not the contrary

I agree that X11 is "doomed" in the long run, but Scrypt-N is doomed as of April 29. Here you go:

https://www.flowertechnology.com/wp-content/uploads/2014/04/Accouncement-290414.pdf

https://litecointalk.org/index.php?topic=7930.msg164410#msg164410

(Note that they made a mistake in thinking DRK is scrypt.)
legendary
Activity: 3248
Merit: 1072
The development of a Scrypt-N miner means that algo is doomed. X11 will be the main answer to ASICs (for the time being).

what development you are talking about? scrypt-n is even more asic deterrent compared to x11, at best x11 is doomed not the contrary
hero member
Activity: 756
Merit: 500
The development of a Scrypt-N miner means that algo is doomed. X11 will be the main answer to ASICs (for the time being).

No, thea are also able to mine X11 as DRK and the new not yet announced Hash0815 algo  Grin
Super machine, sell all you DRK
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
The development of a Scrypt-N miner means that algo is doomed. X11 will be the main answer to ASICs (for the time being).

I don't think an asic x11 will be functioning any time soon. If that day comes, we just find some new algo to fork into. Smiley
hero member
Activity: 560
Merit: 500
The development of a Scrypt-N miner means that algo is doomed. X11 will be the main answer to ASICs (for the time being).
sr. member
Activity: 291
Merit: 250
Seriously though, this is a fantastic solution, I'm relatively certain the logic is sound, and the level of anonymity will be very high. I'll sleep well tonight for sure Cheesy


Question - When A sends 100 drk to B, does B get it into 10 different addresses, each containing 10 DRK?

Question 2 - If the above TRUE, how will a user ever manage to accumulate 1,000 DRK (e.g. for creating a supernode) into one single address?
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